The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies

Authors

  • María Esperanza González-del-Foyo Universidad de Oriente
  • René Abdón Basantes-Avalos Universidad Nacional de Chimborazo
  • Jenny Lilián Basantes-Avalos Escuela Superior Politécnica de Chimborazo
  • Ernesto Marcelo Bonilla-Torres Escuela Superior Politécnica de Chimborazo

Keywords:

financial structure, financing, risk and financial rentability.

Abstract

The financial structure refers to the way a company finances its assets through a combination of equity, debtor hybrid securities. Financial decisions are important in business management, on which heavily rely the viability and rentability of business. Hence the need for managers to know and analyze the financing structure in order to evaluate the impact on its results from the point of view of risk, cost and performance. In the article the main theories of financial structure are based, and the different approaches for its study. Considerations are made on this issue in the Cuban economy, and techniques are applied to evaluate the impact of financing in the form of risk and performance against the company on the “Cecilio Sanchez Valiente” in Santiago de Cuba.

Author Biography

María Esperanza González-del-Foyo, Universidad de Oriente

 

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Published

2016-06-29

Issue

2016: Número Especial

Section

Número Especial

License

Copyright (c) 2016 Anuario Facultad de Ciencias Económicas y Empresariales

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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